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Credit Card Law Question


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Posted by adamh (68.165.133.140) on May 06, 2004 at 20:25:28:

I've been scouring the internet for an answer to this question for some time and need some help...

Can a company charge a card that has been cancelled?

Example:

I have a subscription to a magazine. I cancel the credit card that I initially used to purchase the subscription. Down the road the subscription comes up for renewal and the magazine company charges a cancelled credit card for the next term. Shouldn't this charge have been rejected and the subscription cancelled?

I'd really appreciate any help on this.


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